Singapore rebar import prices unchanged on limited spot liquidity

Import prices for rebar in Singapore remained unchanged over the past week due to a lack of liquidity in the spot market.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) import, cfr Singapore, which mainly looks at cargoes sold into Singapore on a theoretical-weight basis, was unchanged at $420-425 per tonne in the week to Monday October 21. Offers for Qatari and Russian rebar came in at $420-425 per tonne cfr Singapore, while Turkish rebar was on offer at $430 per tonne cfr Singapore. "However, demand from buyers was limited last week," a...

Published

Paul Lim

October 21, 2019

10:41 GMT

Singapore